Prospect Capital distributions from May to August

NEW YORK, May 09, 2017 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ:PSEC) (“Prospect”) announced today that Prospect has declared monthly cash distributions to shareholders in the following amounts and with the following record and payment dates:

• 8.333 cents per share for May 2017 (record date of May 31, 2017 and payment date of June 22, 2017);

• 8.333 cents per share for June 2017 (record date of June 30, 2017 and payment date of July 20, 2017);

• 8.333 cents per share for July 2017 (record date of July 31, 2017 and payment date of August 24, 2017); and

• 8.333 cents per share for August 2017 (record date of August 31, 2017 and payment date of September 21, 2017).

These distributions mark Prospect’s 106^th, 107^th, 108^th and 109^th consecutive cash distributions to shareholders.Prospect’s closing stock price of $9.15 as of May 5, 2017 delivers to shareholders a current dividend yield of 10.9%.

Based on past distributions and assuming its current share count for upcoming distributions, Prospect since inception through its August 2017 distribution will have distributed $15.96 per share to original shareholders, exceeding $2.3 billion in cumulative distributions to all shareholders.